Late Capitalism refers to the current stage of capitalism characterized by the dominance of multinational corporations, financialization, and the increasing influence of technology on economic practices. This phase often highlights growing income inequality, consumer culture, and the commodification of everyday life, where even personal experiences can be bought and sold. Critics of late capitalism argue that it leads to social and environmental issues, as profit motives can overshadow ethical considerations. Movements advocating for sustainability and social justice, such as environmentalism and anti-globalization, challenge the prevailing economic structures, seeking alternatives to the status quo.